$INIT Dump Coming According To Technical Analysis!🧐
Current Price: $0.9285
Reasons: INIT Is Continuously Growing After They Launch on Binance And People Want To Buy That Project On low Prices But Some Beginners Buy From Top And Those all Buyers/Long Traders Have Liquidation and Stoploss Down at the levels of $0.81-$0.75-$0.7-$0.65 These levels have more Liquidations Of Retail Traders.
Technical Reasons: INIT Forming trendline and new people are thinking of buying on the support of the trendline but I feel that it will break the trendline, there are some reasons for this too, first of all the big volumes of m15-m30 Timeframe, it can be seen that profit taking is happening at these top levels and there are chances of market dump.
Levels For Buying INIT:
• $0.7300 Level Of M15 Liquidity OrderBlock
• $0.6000 The Levels Of M15+Liquidity+FVG Zone This Levels Is Very Strong for Buying.
🚨 Important: This Is Just A Scenario and Prediction Take trade On Your Own Choice Plus Risk. I am Just A Analyzer not financial advisors.
Thanks For You Support🥰
Let me know What's Your Prediction And Analysis About INIT Tell me In Comment 🔍